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Construction in Norway

Publisher MarketLine
Published May 01, 2025
Length 44 Pages
SKU # MTLN20202960

Description

Construction in Norway

Summary

Construction in Norway industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Construction market includes both residential and non-residential construction. Market value refers to the total output value of construction activity in a specific year. Construction output value is defined as the total value of construction activity in any given period, including costs related to all materials, equipment, and services used.
  • The Norwegian construction industry recorded revenues of $72.0 billion in 2024, representing a negative compound annual growth rate (CAGR) of 0.2% between 2019 and 2024.
  • The non-residential segment accounted for the industry's largest proportion in 2024, with total revenues of $45.5 billion, equivalent to 63.2% of the industry's overall value.
  • In 2024, the Norwegian construction industry recorded an annual contraction of 4.9%. The contraction is attributed to the fall in residential construction activities. The demand for new housing experienced a downturn, influenced by factors such as higher interest rates, inflation, and economic uncertainty, which deterred both developers and homebuyers.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction market in Norway
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in Norway
  • Leading company profiles reveal details of key construction market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Norway construction market with five year forecasts
Reasons to Buy
  • What was the size of the Norway construction market by value in 2024?
  • What will be the size of the Norway construction market in 2029?
  • What factors are affecting the strength of competition in the Norway construction market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Norway's construction market?

Table of Contents

44 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players in the industry?
7.2. What are the strategies of the leading players?
7.3. What are the strengths of the leading players?
8 Company Profiles
8.1. Veidekke ASA
8.2. AF Gruppen ASA
8.3. Skanska AB
8.4. Aibel AS
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Norway construction industry value: $ million, 2019-24
Table 2: Norway construction industry category segmentation: % share, by value, 2019-24
Table 3: Norway construction industry category segmentation: $ million, 2019-24
Table 4: Norway construction industry geography segmentation: $ million, 2024
Table 5: Norway construction industry value forecast: $ million, 2024-29
Table 6: Veidekke ASA: Key Facts
Table 7: Veidekke ASA: Annual Financial Ratios
Table 8: Veidekke ASA: Key Employees
Table 9: AF Gruppen ASA: Key Facts
Table 10: AF Gruppen ASA: Annual Financial Ratios
Table 11: AF Gruppen ASA: Key Employees
Table 12: Skanska AB: Key Facts
Table 13: Skanska AB: Annual Financial Ratios
Table 14: Skanska AB: Key Employees
Table 15: Skanska AB: Key Employees Continued
Table 16: Aibel AS: Key Facts
Table 17: Aibel AS: Key Employees
Table 18: Norway Size of Population (Million), 2020-24
Table 19: Norway Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 20: Norway GDP (Current Prices, $ Billion), 2020-24
Table 21: Norway Inflation, 2020-24
Table 22: Norway Consumer Price Index (Absolute), 2020-24
Table 23: Norway Exchange Rate, 2019-24
List of Figures
Figure 1: Norway construction industry value: $ million, 2019-24
Figure 2: Norway construction industry category segmentation: $ million, 2019-24
Figure 3: Norway construction industry geography segmentation: % share, by value, 2024
Figure 4: Norway construction industry value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the construction industry in Norway, 2024
Figure 6: Drivers of buyer power in the construction industry in Norway, 2024
Figure 7: Drivers of supplier power in the construction industry in Norway, 2024
Figure 8: Factors influencing the likelihood of new entrants in the construction industry in Norway, 2024
Figure 9: Factors influencing the threat of substitutes in the construction industry in Norway, 2024
Figure 10: Drivers of degree of rivalry in the construction industry in Norway, 2024

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